Biz2credit Review: Direct Lender for Working Capital Loans

4 min read

A legitimate lending platform, Biz2Credit offers small business funding options to secure working capital, CRE, SBA, and term loans. They also offer flexible repayment terms, affordable interest rates, and transparent pricing. Depending on their credit score and history, a business owner can secure anywhere between $25,000 to $6,000,000 through their easy application process.

What is Biz2Credit?

Founded in 2007, this direct lender has helped secure over $7 billion in small business funding nationwide. Unlike many of their competitors who fall under the not a direct lender category, Biz2Credit’s investor network offers startups and small business owners various financing products with relatively low-interest rates.

Loan Offers

You can apply for fast funding loan type that fit your unique needs, including commercial real estate loans (CRE), working capital loans, Small Business Administration (SBA) loans, and ERTC loans.

Interest Rates

Based on a Biz2Credit review of your business bank statements, time in business, and credit score, their simple interest rates can start from 7.99%.


Biz2Credit offers a discount on fees when you connecting a primary business bank account to your loan application. By allowing Biz2Credit business advisors to review your company’s financials. they can better determine the monthly installments you can afford.

While they have no application fees, do note an underwriting fee or origination fee up to $450 can be added depending on the funding amount and type of loan.

High-Risk Industries

Compared to other online lenders, Biz2Credit offers small business loans to several types of firms, including high-risk businesses like car dealerships and gas stations. For example, established businesses can apply for working capital loans if they have been operating for at least six months and have a minimum credit score of 575.

How to Apply

Biz2Credit’s application process is extremely straightforward and takes about four minutes. Business owners first start by setting up an account with basic data such as their time in business, credit score, financial history, tax information, annual revenue, and the requested full amount they’d like to borrow. Supporting paperwork can also be uploaded at this time.

After submitting you request, the loan approval process can take place within 24 hours. The next step is to decide which business financing works best for you and to any submit additional information requests. Once all of your loan documents have submitted, you can expect to have the funds released within three business days.

Loan Types

Biz2Credit is a funding specialist that offers alternatives to traditional bank loans and other financial institutions with more strict approval policies. Business borrowers can get several unsecured loans with Biz2Credit along with secured options like a low-interest commercial real estate loan.

Term Loans

Similar to SBA loans, short term loans from Biz2Credit can provide access to a large sum of money from $25,000, all the way up to $500,000. While access to the lump sum is upfront, you will can only have maximum of 36 months repayment term with weekly or biweekly payments.

Underwriting fees range from $250 to $400, and while approval for business term loans does not require collateral, a personal guarantee may be needed. This means, that business owners would be held personally responsible if the company cannot repay the loan. Additionally, you’ll need to have been in business for least 18 months, a FICO credit score of at 660, and annual sales of $250,000 or more.

Commercial Real Estate

A CRE loan can be used for purchasing new properties or renovating existing ones, but typically have higher interest and principal amounts than conventional term loans. Biz2Credit offers commercial real estate loans to owners who have been in business for at least 18 months. You must also have a minimum credit score of 660, annual revenue of $250,000, and already own commercial property.

After the application process, it can take up to 48 hours to get approved and funded. Loan options range from $2.5 to $6 million with an interest rate of 10%. Loan options include a three-year introductory interest-free payment plan with repayment terms between 12 to 36 months.

Working Capital

Also known, merchant cash advances (MCA), working capital loans can be used to funding source for one-time expensessuch as expansion or equipment financing. Small businesses can also use this funding option to increase inventory or payroll.

Approval amounts for a working capital loan range from $25k to $2 million with same-day hour and funds released within 72 hours. Loan can be approved with daily, weekly, biweekly, or bimonthly payments that are directly deducted from accounts receivable business receipts.

The minimum requirements on the working capital loan application from Biz2Credit are 6 months in business, a 575credit score, and annual revenue greater than $250,000 .

ERTC Loans

One the newest financing options from Biz2Credit is an ERC loan that help borrowers to quickly receive their CARES Act refund check after filing a employee retention tax credit claim. Their two repayment options including flexible interest-only payments for one year, or regular monthly payments over a three-year term.

To qualify for an ERC loan at Biz2Credit you will need to have been operational in 2020, have a 600 credit score, and a minimum IRS pending tax credit payment of $100,000. Most businesses that get approved can receive 65%-80% of their IRS credit owed and funding available within a few days after all ERC documentation has been submitted.


Below you’ll find answers to our most frequently asked questions about Biz2Credit, and how you can borrow money through some of their best small business loans.

1 min read

Yes, this small business lending platform has been around since 2007, and has over 500 employees. Unlike other marketplace lenders who only sell other people’s loan products, Biz2Credit is a direct lender that lends from their own investment capital.

With over 14,600+ reviews on Trustpilot Biz2Credit has been able to maintain a steady a 4.6/5 star rating. You can also browse their social media profiles on Facebook, Instagram, Twitter, LinkedIn, and YouTube for more confirmation of their legitimacy.

1 min read

Currently in 2023, Biz2Credit Inc has a 3.69/5 rating on the Better Business Bureau. Like most SBA approved lenders, however, their BBB rating was negatively impacted by the problematic Paycheck Protection Program (PPP) loans. Most of Biz2Credit’s newer BBB Reviews in 2022 and 2023, however, showcase a positive customer experience with their current loan products.

1 min read

You can reach out to Biz2Cedit live chat, phone (tel:18002005678 1-800-200-5678), email (, from Monday through Friday from 9 AM to 6 PM ET. You can use the contact form on their website to ask about the application process for your business loan. small business owners can browse through their resource center, FAQs, webinars, eBooks, and blog articles.